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Naveen Mathur of Angel Broking advises buying the gold contract on the MCX for the month of August at around Rs 29,400-29,450 per 10 grams levels. He recommends putting a stop loss on in this particular trade at around Rs 29,200 per 10 grams and targets in the range of Rs 29,800-29,750 per 10 grams for the day.